Jirnexu Explained
Jirnexu Sdn Bhd is a Southeast Asian financial technology startup headquartered in Kuala Lumpur, Malaysia.[1] The company provides technology to help financial institutions manage different stages of the customer journey: marketing, acquisition, fulfilment and retention.[2] [3] It has business-to-business (B2B) and business-to-consumer (B2C) operations in Malaysia and Indonesia.[4]
History
Jirnexu was formerly known as Saving Plus.[5] In 2012, former Citi banker Yuen Tuck Siew and James Barnes founded RinggitPlus.com, a comparison and application website for financial products in Malaysia.[6] [7] The website was officially launched in 2013 to allow comparison of and application for credit cards, home loans, car loans, investments and insurance schemes.[8]
In 2014, RinggitPlus.com merged with SaveMoney.my, an online portal that provides information on different credit cards, car loans, phone, travel and shopping in Malaysia.[9] SaveMoney.my was founded by Liew Ooi Hann and Lucas Ooi in 2012.[8] Following the merger, Saving Plus Sdn Bhd was incorporated while RinggitPlus.com continued to operate as a comparison website.[10]
In 2016, Saving Plus rebranded itself to Jirnexu;[11] [12] the name means "prosper" in Maltese.[13] The company launched XpressApply, an online application and CRM technology.
Several venture capital firms have funded Jirnexu, including SBI Group, Celebes Capital, NTT DoCoMo Ventures, Nullabor, Tuas Capital Partners, Anfield Equities, Digital Media Partners, Gobi Partners, OSK Ventures International Berhad and private investor Steve Melhuish.[14] [15] [16]
In October 2017, Jirnexu reported having total funding of US$8.0 million.[17] [18]
See also
External links
Notes and References
- News: Malaysia's Jirnexu Closes Series A With US$4.5 Million For Full-Stack Fintech Software. Yong. Dion. 2017-03-23. Asia Finance. 2017-04-21. en-US.
- News: Fintech firm Jirnexu adds US$1.5M to its Series A, aims to complete Series B by early 2018. e27. 2017-04-21. en-US.
- News: Full-stack FinTech provider Jirnexu closes Series A with $4.5m - Fintech Roundup. Graham. Ben. 2017-03-23. Fintech Roundup. 2017-04-21. en-US.
- News: Malaysians don't just compare, they want to buy financial products online: Report. 2016-08-25. Digital News Asia. 2017-04-21. en.
- News: Cover Story: The accidental fintech firm. 2017-06-16. The Edge Markets. 2017-11-02.
- News: Yuen Tuck Siew, Co-Founder of Saving Plus - The Asian Entrepreneur. Ting. Henry. 2015-12-23. The Asian Entrepreneur. 2017-04-21. en-US.
- News: The rise and rise of chatbots. Ramchandani. Nisha. The Business Times. 2017-11-02. en.
- News: 7 Financial Comparison Websites To Help You Make Wise Decisions In Malaysia. Khoo. Jean. 2015-05-19. Vulcan Post. 2017-04-21. en-US.
- News: Consumer portals confident of US$1m revenue with tie-up. 2014-11-25. NST Online. 2017-04-21. en.
- News: RinggitPlus.com and SaveMoney.my announce March merger. 2014-11-25. Digital News Asia. 2017-04-21. en.
- Web site: Southeast Asia financial comparison startup Jirnexu lands $3M to expand to digital banking services. Russell. Jon. TechCrunch. 2017-04-21.
- Web site: 2016-05-24 . Southeast Asia Fintecher Jirnexu Raises $3M Series A Funding . 2017-04-21 . Crowdfund Insider.
- News: Fintech startup Saving Plus rebrands to Jirnexu, raises US$3m Series A. 2016-05-24. 2017-04-21.
- News: Fintech CRM Provider Rebrands as Jirnexu as $3m Series A Funding Announced Finance Magnates. 2016-05-24. Finance Magnates Financial and business news. 2017-04-21. en-US.
- Web site: Fintech funding round-up: 23 March 2017 » Banking Technology. www.bankingtech.com. 2017-04-21.
- Web site: Malaysian fintech Jirnexu closes $4.5M Series A round, kicks off Series B discussions - DealStreetAsia. www.dealstreetasia.com. 2017-04-21.
- Web site: Malaysia's Jirnexu raises $1.5 million for fintech software. 2017-03-22. VentureBeat. 2017-04-21.
- Web site: Fintech solutions startup Jirnexu nets $2m in pre-series B funding. Ellis. Jack. www.techinasia.com. en-US. 2017-11-02.
